How Blur's low royalty fee helped decimate Yuga Labs' revenue
Yuga Labs' revenue has been hit by the erosion of NFT royalties, among a deep decline in prices across the NFT space.
Source: biztoc.com
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Bored Apes' Yuga Labs lays off employees
Even the best known NFT brand can't escape the effects of a collapsing industry. Yuga Labs, the company behind the blue-chip Bored Apes NFTs and related collections, and the acquirers of collections including CryptoPunks, has announced that it will be joining the many other companies in the crypto world performing layoffs. They did not disclose how many employees would be losing their jobs."It's a challenging time, not only for our industry but also for the global economy," wrote Yuga Labs CEO, apparently hoping that people ignorant to the past year of disaster across the N...
Source: web3isgoinggreat.com
Yuga Labs Announces Investment in Hadean to Solve Mass Concurrency
/PRNewswire/ -- Yuga Labs, web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, and 10KTF, today announced a new strategic investment in...
Source: prnewswire.com